Are you looking for most recent promotion on credit card balance transfer? Some people treat this as short term loan from the bank. Previously ANZ was the winner with 0% processing fee and 0% interest for 6 months, however the promotion has ended since September 2014. See who's the leader in credit card balance promotion now.

Note: Information valid as at 08 Feb 2015, only for loan amount $10,000 or more. Please refer to the bank website for more detail, as information might have been changed by the time you read this information.

Looking to buy new Iphone 6 or Iphone 6 Plus, with your current telco provider subscription? Look no further on this analysis to find the right plan for you.

These are the purchase price (upfront fee) and subscription (monthly fee, 24 months) you need to pay when buying Iphone 6 at Singtel. When the upfront fee is lower, then the monthly fee is higher. Of course Combo 5 offers more data and talktime, when compared to Combo 1.

This time let's take a look from different perspective: How much you actually paid at the end of 24 months contract?

TOTAL AMOUNT

Combo 1

Combo 2

Combo 3

Combo 4

Combo 6

Combo 12

Without Contract

Iphone 6, 16GB

1317.6

1537.6

1837.6

2058.6

2469.6

5757.6

988

Iphone 6, 64GB

1457.6

1677.6

1957.6

2197.6

2567.6

5757.6

1148

Iphone 6, 128GB

1597.6

1817.6

2107.6

2337.6

2717.6

5757.6

1288

Iphone 6 Plus, 16GB

1457.6

1677.6

1985.6

2197.6

2567.6

5757.6

1148

Iphone 6 Plus, 64GB

1597.6

1817.6

2125.6

2337.6

2717.6

5757.6

1288

Iphone 6 Plus, 128GB

1727.6

1957.6

2255.6

2477.6

2857.6

5757.6

1448

If you take example of Combo 12, you can just straight away buy the Iphone 6 Plus, 128GB as you are going to spend the same amount of money even though you buy Iphone 6 (without Plus), 16GB. Of course you want to be reasonable on the total amount paid, when compared to the actual Iphone price (without contract), otherwise you might be paying triple the price.

Therefore, I would like to conclude using your monthly allocated amount for mobile data/call. For example if you are taking Combo 1, Iphone 6, 16 GB, then you would pay 1317.60 with Singtel, while paying 988 without contract. In this case, you would have extra payment of $ 329.60, which equivalent with $ 13.73 monthly (after divided by 24 months contract)

Monthly Allocated Amt

Combo 1

Combo 2

Combo 3

Combo 4

Combo 6

Combo 12

Iphone 6, 16GB

13.73

22.90

35.40

44.61

61.73

198.73

Iphone 6, 64GB

12.90

22.07

33.73

43.73

59.15

192.07

Iphone 6, 128GB

12.90

22.07

34.15

43.73

59.57

186.23

Iphone 6 Plus, 16GB

12.90

22.07

34.90

43.73

59.15

192.07

Iphone 6 Plus, 64GB

12.90

22.07

34.90

43.73

59.57

186.23

Iphone 6 Plus, 128GB

11.65

21.23

33.65

42.90

58.73

179.57

In short, if my monthly allocated amount for mobile data/call is around 40 dollars, then I can consider taking Combo 3 (around 5 dollars saving monthly), or Combo 4 (around 5 dollars extra expense monthly). Because even though I buy Iphone 6 without contract, eventually I still need to pay monthly subscription fee for the data plan.

Note: Above analysis is derived, by excluding the amout of data provided by each Combo plan. If your monthly data usage is around 4GB, then by all means you can take Combo 4 (or higher), regardless the "monthly saving" explained above.

As much as we tried to balance our earning and our expenses, there are times when we have important and urgent needs, or there could be some un-expected delay to our fixed income. It's time to use the feature of Fund Transfer (Balance Transfer) from the bank, providing you with cash loan with little or no interest.

Important Notes: Fund Transfer (Balance Transfer) is also a bank loan, hence please use this feature with extra careful. Delay in repayment might cause you fall into high interest debt.

How does Balance Transfer (Fund Transfer) Work?

Firstly you will need to apply Credit Card or any Credit Account (money-line, cash-line, ready credit) from the bank

Once your Credit Card/Credit Account is approved, you will be given Credit Limit. Usually this Credit Limit is used to limit your spending on that Credit Card/ Credit Account

With Balance Transfer (Fund Transfer), you request the bank to transfer cash (payment) to another Credit Card or Saving Account. The amount is limited to 90% or 95% of your Credit Limit.

Depending on the promotion, there could be processing fee involved or low interest. In both cases, the loan period is usually 6 months or less.

Every month you will need to pay the installment (usually 3% of total loan, for 0% interest scheme). Before the loan period ends you will have to repay the full amount.

Important note: When I mentioned free, there could be some requirements from the bank (not totally free). Requirements might vary from spending using the credit card or deposit for certain period, in exchange for the luggage (suitcase)

Here are the list for your reference, where we compare various credit card giving away free luggage(s):

1. Citibank (any 2 Credit Cards + 1 Ready Credit Accounts)

Requirements: Spend $30

Gift: 20'' Hardcase Luggage (without brand)

2. HSBC (Revolution Credit Card)

Requirements: Spend any amount (1 transaction), only for 4000 applicants.